What Is the Future Value of $450 at an Interest

question 183

Multiple Choice

What is the future value of $450 at an interest rate of 9 percent two years from today?

• A)$534.65
• B)$546.35
• C)$565.18
• D)$574.13

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Definitions:

Multinational Society

A society comprised of people from various nationalities, integrating multiple cultures, languages, and values.

Borders

Lines or zones that mark the edges of a country, territory, or region, controlling the movement of goods, people, and animals.

Massive Culture Change

Significant transformation in the customs, beliefs, arts, and institutions of a society over time.

Intensive Contact

Close, thorough, or comprehensive interaction or engagement between individuals, groups, or entities, often leading to significant influence or change.